Maryland Proposes Adjusting Sales and Use Tax Rate Based on Inflation

Bradley Feimer
January 16, 2023

1/16/2023

Maryland House Bill 67 proposes to temporarily reduce the state sales and use tax rate by 1% for 12 months, if on or before June 1st each year the Comptroller determines that the inflation rate is at least 6%. Introduced in the January 2023 legislative session and as currently drafted, the bill would take effect from the date of passage if approved by 3/5 of all members in each legislative house.

The official language of the proposed bill can be found here.

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Author

Bradley Feimer

Bradley Feimer is Regulatory Counsel at Sovos. Within Sovos’s Regulatory Analysis function, Bradley focuses on domestic sales tax, international Value Added Tax, and Global Sales Tax. Bradley received a B.A. in English from The Ohio State University and J.D. at Suffolk University Law School. Bradley is a member of the Massachusetts Bar.
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